The Monmouth County real estate developer is connected to a scheme to defraud PNC Bank of more than $50 million.

Not long after his arrest, Dwek agreed to wear a wire for the government. His secretly recorded videotapes made over a three-year period led to the arrest of more than 40 people in Operation Bid Rig. Those arrested included two state assemblymen and the mayors of Hoboken, Secaucus and Ridgefield.

Most of the suspects in the corruption bust have pleaded guilty or have been convicted.